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16 September 2016 | 10 replies
As someone who invests in Florida, mobile homes are par for the course.Investing in MH's are not that scary, just keep some basic rules in mind.1) Try to buy newer than 80. 2) Try to buy MH land packages. 3) There is a niche for buying in parks which can be profitable, this is called Lonnie dealers.
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17 August 2016 | 6 replies
I'm certainly not a tax expert so hopefully someone like @Steven Hamilton II can add to this, but yes if you buy and sell real estate as a business I believe you can be considered a "dealer" to the IRS, and you would file the income on Schedule C (self-employed) if you're a sole proprietor.
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25 August 2016 | 3 replies
Would it be a banker, a mobile home dealer, a certain type of inspector?
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30 August 2016 | 15 replies
Has the seller received any notice of foreclosure, if so you need to head the other way if you can't buy it, this is full of new foreclosure landmines, if no notice has been given then you can proceed on the creative side.If you are acting as an investor, you can do an installment contract, as a real estate dealer selling to a consumer, buyer tenant, you'll have federal laws to comply with, pretty hard to do now.However, I'm more concerned with, what appears to be, the intent of avoiding the mortgage requirements.
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30 August 2016 | 7 replies
As a dealer and a contractor I've often charged a customer to remove them in order to install a new one.
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1 September 2016 | 14 replies
An Irish couple in their 60s investing just to take nice vacations and earn an extra $3K/mo.Point is, the 50-100 goal is certainly achievable from where you're starting, but you'll need to be aggressive depending on your timeline to reach that many units if you go one by one.I highly suggest one by one instead of buying an existing portfolio unless you can really learn all about the portfolio and avoid overpaying for it.
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8 September 2016 | 12 replies
Has it ever been moved other from the manufacturer or dealer who originally sold and installed it?
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23 August 2017 | 1 reply
Hi there, my name is Nathan and a wonderful Irish fellow named Brendan introduced this website to my partner and I.He spoke very highly of this community online and I believe has done very well in his investments.I have one question and perhaps you can guide me.
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1 September 2017 | 2 replies
Get an estimate from a local junk dealer for removal of the trailer.